The booming of North Seas’ gas export revenues in the 1970s that appreciated the guilder, making industrial export more costly in foreign currencies and increasing foreign competition and unemployment is known as ?

Related Mcqs:

Theodore panayotou (1993) argues that environment degradation originates from the following EXCEPT ?

A. markets distortions B. defective economic policies C. inadequate property D. the expansion of capitalism...

Biodiversity ?

A. includes genetic species ecosystem and functional diversities B. refers to diversifying earth’s nonrenewable resource C. refers to reconstruction of tropical rainforests D. refers to biological effects on commercial plantation...

In a recession a government ?

A. Is likely to want to decrease demand in the economy B. Is likely to want to decrease demand in the economy C. Is likely to want to stabilise demand in the economy D. Is likely to want to increase supply in the economy...

An example of a transfer payment is ?

A. Profit B. rent C. unemployment benefits D. government purchases E. wages...

If nominal GDP in 2005 exceeds nominal GDP in 2004, then the production of output ?

A. must have fallen B. must have risen C. must have stayed the same D. may have risen fallen, or stayed the same because there is not enough information to determine what happened to real output...